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Palestine Insurance 9M profit plummets 63%

Palestine Insurance 9M profit plummets 63%
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Palestine Insurance
PICO
3.24% 3.50 0.11

Mubasher: Palestine Insurance Company posted on Wednesday a net profit of $151,380 in the first nine months of 2015.

Profit declined by 62.87% compared to $407,710 in the first nine months of 2014, according to the company’s financial statements.

The company previously reported a 22.63% drop in profits to $273,920 during H1-15, versus $354,060 in the same period of 2014.